Question: I need help immediately please before 11 pm tonight 23. The risk-free rate is 2.31% and the market risk premium is 5.46%. A stock with

I need help immediately please before 11 pm tonight

23. The risk-free rate is 2.31% and the market risk premium is 5.46%. A stock with a of 1.05 just paid a dividend of $1.46. The dividend is expected to grow at 23.80% for three years and then grow at 3.18% forever. What is the value of the stock?

Answer format: Currency: Round to: 2 decimal places.

Please show all steps in a simple format and ensure answer is correct. I am just learning.

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